Podcasts

lördag 24 januari 2015

Ross Beaty & Rule

Latest figures from the Shanghai Gold Exchange show that just over 70
tonnes of gold were withdrawn from the SGE for the week ending Jan 16th.
This is the 3rd highest level of gold withdrawals ever recorded by the
Exchange and suggests that Chinese gold demand remains extremely strong
in the runup to the Chinese New Year which falls on Feb 19th this year.
With four weeks still to go until the actual New Year date, if this
level of gold demand holds up given the higher gold price, China will
show a very strong start to the year, buying up far more than the global
total tonnage of newly mined gold over this period on its own. Hela artikeln